NYSE:MFC - Manulife Financial Stock Price, News, & Analysis

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$15.20 -0.30 (-1.94 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$15.20
Today's Range$15.1250 - $15.82
52-Week Range$14.99 - $22.16
Volume3.07 million shs
Average Volume1.75 million shs
Market Capitalization$30.17 billion
P/E Ratio8.89
Dividend Yield5.00%
Beta1.29
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company offers individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides pension contracts and mutual fund products and services; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products. It distributes wealth and asset management products through insurance agents and brokers affiliated with the company, securities brokerage firms, financial planners, pension plan sponsors, pension plan consultants, and banks. In addition, the company is involved in the asset management business; property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. Further, it manages timberland and agricultural portfolios; and insurance agency, investment counseling, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses, as well as investment management, advisory, and dealer activities. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and develops and operates hydro-electric power projects. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Life insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:MFC
Previous Symbol
CUSIPN/A
Phone416-926-3000

Debt

Debt-to-Equity Ratio0.11
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio8.89
Forward P/E Ratio7.31
P/E Growth0.73

Sales & Book Value

Annual Sales$44.97 billion
Price / Sales0.67
Cash Flow$2.9688 per share
Price / Cash Flow5.12
Book Value$15.04 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$1.71
Net Income$1.60 billion
Net Margins5.49%
Return on Equity13.70%
Return on Assets0.75%

Miscellaneous

Employees34,000
Outstanding Shares1,984,720,000
Market Cap$30.17 billion
OptionableOptionable

Manulife Financial (NYSE:MFC) Frequently Asked Questions

What is Manulife Financial's stock symbol?

Manulife Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFC."

How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial?

Manulife Financial announced a quarterly dividend on Friday, November 2nd. Shareholders of record on Tuesday, November 20th will be paid a dividend of $0.19 per share on Wednesday, December 19th. This represents a $0.76 annualized dividend and a yield of 5.00%. The ex-dividend date is Monday, November 19th. This is a boost from Manulife Financial's previous quarterly dividend of $0.17. View Manulife Financial's Dividend History.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) posted its earnings results on Wednesday, November, 7th. The financial services provider reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.25. The financial services provider had revenue of $6.15 billion for the quarter. Manulife Financial had a net margin of 5.49% and a return on equity of 13.70%. During the same period in the previous year, the company posted $0.53 earnings per share. View Manulife Financial's Earnings History.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Manulife Financial.

What price target have analysts set for MFC?

8 equities research analysts have issued twelve-month price targets for Manulife Financial's shares. Their predictions range from $26.00 to $28.00. On average, they anticipate Manulife Financial's stock price to reach $27.00 in the next year. This suggests a possible upside of 77.6% from the stock's current price. View Analyst Price Targets for Manulife Financial.

What is the consensus analysts' recommendation for Manulife Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manulife Financial.

Has Manulife Financial been receiving favorable news coverage?

News stories about MFC stock have trended somewhat positive on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Manulife Financial earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Manulife Financial?

Manulife Financial saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 4,135,709 shares, a drop of 36.9% from the October 31st total of 6,552,037 shares. Based on an average daily volume of 3,066,890 shares, the short-interest ratio is presently 1.3 days. View Manulife Financial's Current Options Chain.

Who are some of Manulife Financial's key competitors?

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the folowing people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 48)
  • Ms. Linda Provie Mantia, Sr. Exec. VP & COO
  • Mr. Warren Alfred Thomson FCPA, Sr. EVP, Chief Investment Officer and Chairman of Global Wealth & Asset Management (Age 63)
  • Ms. Marianne Harrison, Pres & CEO of John Hancock
  • Mr. Philip James Witherington, Sr. EVP & CFO

Who are Manulife Financial's major shareholders?

Manulife Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.60%), TD Asset Management Inc. (2.53%), Mackenzie Financial Corp (2.20%), CIBC Asset Management Inc (1.10%), Great West Life Assurance Co. Can (1.03%) and Letko Brosseau & Associates Inc. (0.98%).

Which major investors are selling Manulife Financial stock?

MFC stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, TD Asset Management Inc., AQR Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., Toronto Dominion Bank, PCJ Investment Counsel Ltd., Deutsche Bank AG and Gluskin Sheff & Assoc Inc..

Which major investors are buying Manulife Financial stock?

MFC stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Hsbc Holdings PLC, Schroder Investment Management Group, Janus Henderson Group PLC, Franklin Resources Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Highstreet Asset Management Inc. and Assenagon Asset Management S.A..

How do I buy shares of Manulife Financial?

Shares of MFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately $15.20.

How big of a company is Manulife Financial?

Manulife Financial has a market capitalization of $30.17 billion and generates $44.97 billion in revenue each year. The financial services provider earns $1.60 billion in net income (profit) each year or $1.71 on an earnings per share basis. Manulife Financial employs 34,000 workers across the globe.

What is Manulife Financial's official website?

The official website for Manulife Financial is http://www.manulife.com.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 200 Bloor Street East NT 11, Toronto A6, M4W1E5. The financial services provider can be reached via phone at 416-926-3000 or via email at [email protected]


MarketBeat Community Rating for Manulife Financial (NYSE MFC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  335 (Thanks for Voting!)
Underperform Votes:  256 (Thanks for Voting!)
Total Votes:  591
MarketBeat's community ratings are surveys of what our community members think about Manulife Financial and other stocks. Vote "Outperform" if you believe MFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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